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Added to YB: 2026-06-22

Pitch date: 2026-06-21

OML.V [bullish]

Omni-Lite Industries Canada Inc.

+13.16%

current return

Author Info

Company Info

Omni-Lite Industries Canada Inc. manufactures and sells metal alloys, composite components, and fastener systems in the United States and Canada.

Market Cap

CAD 23.1M

Pitch Price

CAD 1.90

Price Target

N/A

Dividend

N/A

EV/EBITDA

11.98

P/E

55.81

EV/Sales

1.59

Sector

Machinery

Category

turnaround

Show full summary:
Short-term inflection, long-term compounder?

OML.V: Aerospace/defense component microcap at 5.5x EV/EBITDA, US$20M cap, clean balance sheet (US$3M net cash + CNO.V shares). Strong 2026 setup: record US$9.1M backlog, better production/engineering mix, DP Cast repriced 5yr jet engine deal. ~US$3M+ EBITDA est. Long-term: activist Ryzhikov (McCoy 6x) now on board steering capital allocation, CEO shift, DP Cast fix/exit. Risks: lumpy rev, illiquid, mix, CEO hire.

Read full article (6 min)